Crescent Point Energy Corp T.CPG

WOW

[Moemoney42]

Wow.. the DOW now up ~150 pts.. from a start down ~400 pts.. oil will return to that $110 level soon too IMHO.. ;-)

[Al42]

Once again CPG largest loser down close to 10%.. What a sh#t show

[mbuch]

Typical CPG... Buy the dip?

[Anschutz]

Bryska.... raise the F'n dividend and release your capital plan to the market.

[Lash99]

Why ? You sound like you are long . Well thats great , me too , just be a little patient. You know better than most that with these cheap prices we should be encouraging CPG if they haven't already to be buying back shares. With a PE Ratio around 2 , you know it's only a matter of time. We will have the next 2-3 sets of financials for sure where they will be exceptionally great. We have

[moose73]

Wow for sure, cpg trading below book value with oil at $105 and natural gas at $7. There will be more oil companies going private with this nonsense.

[Moemoney42]

This was my comment mid morning on Wed.. WTI hit ~$108 this AM already.. ;-)

[Moemoney42]

I'm looking for a short term close above ~$9.65.. that would be a healthy reversal.. hopefully today.. but I'll take early next week.. ;-)

[Anschutz]

Looks like my stink bids won't be filled. Oh well probably for the best as I'm still significantly overweight in the sector.  Let's see if today's uptick in WTI is a dead cat bounce or a runup to the July 4th weekend.  I'm still calling $120+ by July 4th.  I think we see start to see the narrative shift after July 4th with talking heads starting to raise alarm

[ascii2]

OPEC meeting on 30th June, Biden's Saudi Arabian visit during mid July and oil export decision of US will decide direction of oil price.

[Moemoney42]

Well look at that... WTI over $110 tonight.. to $110.54 RTQ..   ;-)